5.6. Your company must make a sealed bid for a construction project. If you succeed in winning the contract (by having the lowest bid), then you plan to pay another firm $100,000 to do the work. If you believe that the minimum bid (in thousands of dollars) of the other participating companies can be modeled as the value of a random variable that is uniformly distributed on (70, 140), how much should you bid to maximize your expected profit

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Step-by-step explanation:

welcome to long

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step-by-step explanation:

not only in mathematics, scientific proof also are required in the other field of science. also maths proofs are of particular structure, containing steps and logics. so proving is like doing science, it is science. that's why it is important to prove. 

an inaccurate proof leads to errors, or stating results that are not accurate.  which wil mess the probelm up you dont want this